19,950 SF RETAIL CENTER – SOLD

KATY, TX, March 15, 2013– Hunington Properties, Inc. a full service commercial brokerage company has announced the sale of Fry Road Plaza, a 19,950 square-foot retail property, consisting of one retail building, located in Katy, TX, according to Todd A. Carlson. The property was located at the intersection of Fry Road and Misty Cove Drive. The property was 90% occupied at the time of sale with a strong mix of tenants.

Todd A. Carlson represented the seller, a local developer who built the shopping center in 2006. The buyer purchased the property as part of a 1031 exchange. Hunington Properties will serve as the new property management and leasing agent.

For nearly 30 years, Hunington Properties has been helping clients maximize their real estate assets. A full-service commercial real estate company based in Houston and operating across Texas and the South/Central US, Hunington has built a sterling reputation as a leader when it comes to protecting, enhancing, and realizing the value of our clients’ commercial property investments.